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IRAQ STORAGE TANKS
From trickle to torrent: Hormuz reopening may trigger a global oil floodThe reopening of the Strait of Hormuz could trigger a faster-than-expected recovery in global oil supplies. With tankers already positioned...- More oil escapes Hormuz, keeping traders guessingIran war: Tankers are using stealth to exit the Strait of Hormuz, freeing oil trapped in the Gulf. The practice of ships going dark is wide...
- India’s crude oil stocks drop 15% amid Iran conflict, raising supply concernsIndia's crude oil stocks have dropped 15% since late February due to declining imports amid the Iran conflict. Refiners are drawing from in...
- US copies Iran's famous Shahed drone? $35,000 suicide drone spotted in war for first timeThe US has started using a new low-cost drone called LUCAS in war. It looks similar to Iran’s Shahed drone but has better control and flexi...
- Iraq could restore oil exports to pre-war level within a week if Hormuz reopens, Basra Oil chief saysIraq can quickly restore crude exports to about 3.4 million barrels per day within a week if the war ends and the Strait of Hormuz reopens,...
- Iraq oil output further plunges as storage fills, Hormuz exports blocked by conflictIraq's oil production has significantly slumped due to the Iran war, with output from southern fields falling to around 800,000 barrels per...
- Saudi starts cutting oil productionSaudi Arabia is reducing oil output as the Strait of Hormuz faces a near-blockage. Storage tanks are filling up. Other nations like UAE, Ku...
- Iran war spurs scramble for energy export routes out of GulfRefineries in Saudi Arabia, Kuwait, and Bahrain are reducing output due to drone and missile attacks, disrupting supplies to Asia and Europ...
- Saudi Arabia races to reroute oil as Gulf storage fills fastSaudi Arabia is rerouting millions of barrels of oil to its Red Sea ports, primarily Yanbu, to maintain global supply amidst Middle East te...
- After Iraq, Kuwait and UAE may be next to cut oil output on Iran crisis, analysts sayKuwait and the United Arab Emirates face potential oil output cuts. Exports through the Strait of Hormuz have nearly stopped due to the Ira...
- The US has to reopen the Strait of Hormuz as soon as possibleThe US faces a critical challenge in the Third Gulf War. Reopening the Strait of Hormuz for oil shipping is vital. The waterway is crucial ...
- American and Syrian forces conduct airstrikes on ISIS weapons storage facilities, US military saysAmerican forces eliminated fifteen Islamic State weapons storage sites in southern Syria. The operation, conducted between November 24 and ...
- Why oil flows through the Iraq-Turkey pipeline have been haltedOn a visit to Erbil on Sunday, Iraqi oil minister Hayan Abdel-Ghani said he expects to reach an agreement with the Kurdistan Regional Gover...
- India's oil imports in May sink to lowest in over 8 yearsIn May, India imported 3.18 million barrels per day (bpd) of oil, a decline of about 31% from April and about 26% from a year ago, the data...
- Whether Opec+ formally agrees, deeper crude oil cuts now look inevitableVopak, the world's biggest independent storage company, said on Tuesday its tanks were almost full.
- US intensifies efforts to degrade, destroy Islamic StateThe US and its coalition partners have intensified efforts to "degrade and destroy" the Islamic State, mainly targeting the flourishing oil...
- Savage battle rages in Iraq for control over nation's biggest oil refineryThe capture of the refinery would provide a potentially rich source of income for ISIS, which already profits from its control of oil resou...
- Iraq rules out special pricing of crude for IndiaReliance Industries Chairman Mukesh Ambani, who was present at the lecture, said RIL is exploring investment opportunities in Iraq.
- Gujarat built world's first naval dockyardAbout 75 km from here lies a landmark of Indian maritime history. Archaeologists believe the first tidal dockyard in the world was built in...
- BGR Energy bags $9.29 mn contract from IraqThe oil and gas equipment division of BGR Energy Systems has bagged a contract for design, engineering, manufacture and supply of 70 oil pr...
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